Azimut has numerous joint ventures, some that bring in operating fees. It also already has 2 large joint ventures with Rio Tinto, and owns the property between Winsome's Cancet property and Patriot's Corvette property. I think it's likely that if drilling at Galinee is successful, they would be able to get further funding from their partner SOQUEM, or partner with Rio Tinto again. Or perhaps raise cash again, something they have always been able to do. I see it as a positive that these companies are neighbours and can support one another. It will also help them in dealing with the government re:infrastructre. I imagine the companies themselves see it that way. It's not a competition to bash each other's projects.
Azimut has numerous joint ventures, some that bring in operating...
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Last
$1.12 |
Change
0.020(1.82%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.14 | $1.10 | $547.7K | 488.0K |
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| No. | Vol. | Price($) |
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| 1 | 17978 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.15 | 7600 | 2 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
0.020 ( 1.53 %) |
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| Open | High | Low | Volume | ||
| $1.11 | $1.14 | $1.10 | 109749 | ||
| Last updated 15.58pm 31/05/2024 ? | |||||
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